ChainCatcher news, according to DL News, stablecoin issuer Circle's former Vice President of Policy and Regulatory Strategy Teana Baker-Taylor has joined the open-source generative AI platform Venice, launched by Bitcoin early adopter and Shapeshift CEO Erik Voorhees, as Chief Operating Officer.It is reported that the platform promises not to retain any user data or history. Instead, data is stored in the user's browser.

ChainCatcher news, cryptocurrency exchange ShapeShift has reached a settlement with the U.S. Securities and Exchange Commission (SEC) regarding allegations of selling crypto securities. The SEC stated that it will accept ShapeShift's settlement offer, which includes a $275,000 fine and an agreement for the company to cease violating the Securities Exchange Act. Previously, the SEC had issued a cease-and-desist order against ShapeShift, prohibiting it from operating as an unregistered dealer for crypto securities in the U.S.